Current Account Deficit Dips

Latest Pakistan Political Economic News

Pakistan’s current account deficit dipped 39% in April over the previous month, to touch $623 million (March: $1.02 billion). This happened due to a lower goods import bill and record workers’ remittances.

 

Pakistan received an all time high remittance of more than $3 billion in April, which helped reduce the deficit.

 

Pakistan’s current account deficit for the July – April FY22 period increased to to $13.8 billion (last: $543 million).

 

Leave a Reply

Your email address will not be published. Required fields are marked *